UL Solutions (ULS) Non-Current Debt (2023 - 2026)

UL Solutions' (ULS) quarterly Non-Current Debt came in at $357.0 million in Q1 2026, down 45.33% year-on-year from $653.0 million in Q1 2025, and down 27.29% quarter-over-quarter from $491.0 million in Q4 2025.

UL Solutions (ULS) Non-Current Debt (2023 - 2026) Analysis & Trends

UL Solutions has disclosed Non-Current Debt across 4 years of filings, most recently posting $357.0 million for Q1 2026.

  • Non-Current Debt for Q1 2026 came in at $357.0 million, down 45.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $357.0 million (down 45.33% YoY), and the FY2025 annual result was $491.0 million, down 29.05% from the prior year.
  • Non-Current Debt came in at $357.0 million for Q1 2026 at UL Solutions, down from $491.0 million in the prior quarter.
  • In the past five years, Non-Current Debt ranged from a high of $904.0 million in Q4 2023 to a low of $357.0 million in Q1 2026.
  • The 4-year median for Non-Current Debt is $672.5 million (2024), against an average of $666.1 million.
  • Across the five-year window, Non-Current Debt fell 22.55% in 2025 and slumped 45.33% in 2026, its largest moves.
  • UL Solutions' Non-Current Debt stood at $904.0 million in 2023, then fell by 23.45% to $692.0 million in 2024, then retreated by 29.05% to $491.0 million in 2025, then declined by 27.29% to $357.0 million in 2026.
  • The last three Non-Current Debt figures came in at $357.0 million (Q1 2026), $491.0 million (Q4 2025), and $544.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 2.43 Bn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn -
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 2.27 Bn
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 357.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn 20.98 Bn
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 6.06 Bn
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 3.89 Bn
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn -
10 Unifirst 4.79 Bn 4.63 Bn 218.82 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 357.00 Mn
Mar 31, 2026 357.00 Mn
Dec 31, 2025 491.00 Mn
Dec 31, 2025 491.00 Mn
Sep 30, 2025 544.00 Mn
Sep 30, 2025 544.00 Mn
Jun 30, 2025 608.00 Mn
Jun 30, 2025 608.00 Mn
Mar 31, 2025 653.00 Mn
Mar 31, 2025 653.00 Mn
Dec 31, 2024 692.00 Mn
Dec 31, 2024 692.00 Mn
Sep 30, 2024 760.00 Mn
Sep 30, 2024 760.00 Mn
Jun 30, 2024 785.00 Mn
Jun 30, 2024 785.00 Mn
Mar 31, 2024 867.00 Mn
Mar 31, 2024 867.00 Mn
Dec 31, 2023 904.00 Mn
Dec 31, 2023 904.00 Mn